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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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16225 W Warren Ave , Detroit, MI 48228
$160,000
Est. Payment: $355.56/mo
0 Bed
0 Bath
4880 Sqft
Status: Active | Days on site: 24
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House Description

BUSINESS ONLY! REAL ESTATE IS NOT FOR SALE. DO NOT APPROACH STORE OWNER OR WORKERS. LOCATION! LOCATION! LOCATION! . LOCATED OFF THE BUSY W WARREN AVENUE BUSINESS DISTRICT!. WHERE OVER 15,000 CARS PASS THROUGH A DAY. ALMOST 5,000 SQFT OF SHOP THATS TURN KEY AND READY. OWNERS HAVE OWNED AND OPERATED THE BUSINESS FOR OVER 38 YEARS AND ARE NOW RETIRING. THE STORE HAS A WIDE OPEN SHOP FRONT WITH 2 ADDITIONAL LEVELS ABOVE THAT CAN BE USED FOR EXTRA SHOPPING AREAS, STORAGE OR AN OFFICE. ALL ITEMS SEEN INSIDE STORE FROM COLOGNE, CLOTHING, FOODS, RACKS, RETAIL GLASS DISPLAY CASES AND MORE ARE INCLUDED IN THE SALE. THE STORE HAS ITS VERY OWN PRIVATE PARKING LOT THAT CAN FIT UP TO 20+ CARS, SO NO NEED TO USE THE BUSY W WARREN STREET. BUILDING IS ZONED B4- GENERAL BUSINESS DISTRICT WHICH ALLOWS FOR RETAIL, OFFICES, BARBER SHOPS. WITH SPECIAL USE YOU ARE PERMITTED LIGHT DUTY AUTO WORK LIKE AUTO GLASS REPAIR OR QUICK OIL CHANGE. BUILDING IS ALSO ZONED FOR CANNABIS SALES ( MUST HAVE LICENSE ). RENT FOR THE PROPERTY IS $4,500/M GROSS LEASE!. *** PRICE REFLECTED OFF THE MERCHANDISE AND VALUE***

Highlights

Listed by Ahmed Fayz , 313-491-9022 Real Estate One-Dbn Hts , 313-561-3860.

Property Type

Commercial Sale

Lot/Acreage
0.09

Year Built

1990

County

Wayne

School District

Detroit

Listing ID

20261067742

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$356
Taxes
$194

Home Price

$160,000

Loan Details

30 yrs
%

Down Payment

20%
$32,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$355.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $355.56 $194.33 $0.00 $549.89
Yearly $4,266.67 $2,332.00 $0.00 $6,598.67
Total $128,000.00 $69,960.00 $0.00 $197,960.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.